Buy These Crypto Now – ApeCoin (APE), Aptos (APT), and Polygon (MATIC)

The Securities and Exchange Commission (SEC) is going through some significant change in the coming days as the Republican Congressmen proposes a radical alteration of the SEC’s governance structure through the “SEC Stabilization Act”

The SEC Stabilization Act aims to remove the current SEC chairman, Gary Gensler dissolving the chairperson’s role and leaving the leadership to Warren Davidson and House Majority Whip Tom Emmer, and redefine the SEC’s constitution.

In light of potential changes in the macroeconomic landscape, it raises the question of how these developments might influence the choice of the most promising cryptocurrencies for investment in the present situation.

The bill, if passed into law, has the potential to bring about a significant transformation in the governance of the financial market. It could usher in a new era marked by decentralized leadership and the possibility of improved stability. Due to these potential amendments, let’s discuss some of the best cryptos with compelling investment options due to their robust fundamentals and positive technical analysis.

ApeCoin (APE)

ApeCoin has gained significant popularity as a cryptocurrency, functioning as the native token within the APE Ecosystem. A number of prestigious NFT Collections reside within this ecosystem, such as Bored Ape Yacht Club and Mutant Ape Yacht Club. This ERC-20 token empowers and incentivizes a decentralized community building at the forefront of web3.

APE has made its success with its trending NFTs for almost two years now gaining big sales and tons of attention from the community. As time goes by, some of its NFTs have fallen in price but it still has a good position in the market where there could be future gains.

Recently, APE continues to strive under pressure giving in to the persistent bearish climate that dragged its token down below the Fib 0.236 level at $2.325 leading to a 4.54% decline. Based on these technical indicators, it appears that APE’s bearish momentum is undeniably strong. At this time of writing, APE is trading at $2.20 in the last 24 hours.

With the current favorable market conditions for purchasing cryptocurrencies and other assets at lower costs, it presents a great opportunity to consider investing in APE at this time.

Aptos (APT)

Aptos is a layer 1 proof-of-stake blockchain that employs a novel smart contract programming language called “Move”,  a rust-based programming language that was developed by Meta’s Diem blockchain engineers. 

Launched in October 2022, APT has become one of the most traded tokens in the market. This is because of the million-dollar investments from several venture capital firms.

In recent news, there seems to be a rumor about a second airdrop for APT tokens that offer existing investors to add digital assets, increasing its overall trading volume.

From the end of May to the first week of June, APT went up the charts hitting $9.36 increasing its indicator for having a long-term bearish trend. At this time of writing, the APT token is trading at $6.28 with a 24-hour trading volume of $102 million.

Polygon (MATIC)

The Polygon network had such a remarkable journey in the crypto world since 2017. The network has come a long way in terms of development and partnerships with several prominent firms. Polygon is a layer 2 scaling solution, allowing users to speed up their crypto transactions. MATIC serves as its native token on the other hand.

In a recent report, Polygon announced the blueprint launch of the ‘Polygon 2.0’ which focuses on unlimited scalability and unified liquidity. 

The upgrade sets the network up for interconnectivity with chains powered by ZK technology, a cryptographic technique where one team has to give evidence of a statement’s validity to another party. MATIC’s price today is $0.647.